Thursday, October 2, 2014

Dividend Update- September 2014

September is over and it is time to count up all the dividends received throughout September 2014.  A new personal best was set and will stand until December where I should be able to improve on.  I am still anticipating I will likely fall short of my goal this year in total dividends of $2700.  This is mainly because my buying has been put on hold for a couple months because of the cost of school and books these days.  I hope to be more active with acquiring income producing assets in the near future, but have been kind of stuck lately.  I eliminated my car payment debt at least and now own it 100%. The nice thing about this strategy is most of my dividend stocks are being reinvested in additional shares.  The portfolio continues to power along with higher income and share amounts without me at times.  Looks like we may see some decreases in our balances, but as long as our income keeps growing I'll be happy.  Once it is set up compounding can really take effect and if you are in a position to add more fresh capital you can reach Financial Independence that much faster.  I encourage everyone to keep on going down this path.  We started to get a little bit of a pullback that could be used to buy more value on the way down.  It can continue to correct for a bigger period of time then we expect.  That should not cause panic for the long term income investor, but rather encourage us to pick out the best values out there and accumulate more.

Ford Motor Company (F) $2.72
Pimco High Income Fund (PHK) $1.71
Wheeler REIT (WHLR) $4.80
Solar Sr. Capital Ltd. (SUNS) $1.33
Southside Bancshares (SBSI) $8.51
Boeing Company (BA) $16.67
Chambers Street Properties (CSG) $0.56
Johnson & Johnson (JNJ) $2.42
Whitestone REIT (WSR) $5.53
ExxonMobil Corporation (XOM) $7.79
United States Steel Company (X) $0.37
Linnco LLC Com (LNCO) $2.56
American Realty Capital Properties (ARCP) $7.54
CSX Corporation (CSX) $1.89
Horizon Technology Finance Corporation (HRZN) $1.33
Independence Realty Trust (IRT) $1.24
Kellogg Company (K) $8.34
Lightstream Resources Ltd. (LSMTF) $0.33
MAIN Street Capital Corporation (MAIN) $1.58
Realty Income Corporation (O) $20.40
STAG Industrial Inc. (STAG) $1.17
Voya Global Equity Dividend & Opportunity Fund (IGD) $2.07
McDonalds Corporation (MCD) $31.63
Pengrowth Energy Corporation (PGH) $0.45
Student Transportation Inc. (STB) $1.73
Inland Real Estate Corporation (IRC) $0.73
Prospect Capital Corporation (PSEC) $40.51
RLI Corporation (RLI) $0.74
Waste Management Inc. (WM) $6.06
BP PLC Sponsored ADR (BP) $3.59
Gamco Global Gold Natural Resources & Income Fund (GGN) $8.43
Enerplus Corporation (ERF) $6.44
Stone Harbor Emerging Markets Income Fund (EDF) $4.18
Armour Residential REIT (ARR) $0.11
Coach Inc. (COH) $3.04
Cornerstone Progressive Return Fund (CFP) $7.95
Fifth Street Finance Corporation (FSC) $9.07
Gladstone Capital Corporation (GLAD) $3.28
LTC Properties Inc. (LTC) $5.43
Pepsico Inc. (PEP) $7.73
Reaves Utility Income Fund (UTG) $2.84
Wheeler REIT (WHLR) $4.83 (2nd one in September)


September 2014 Total: $249.63

 Photo Credit: (Google Images)



  1. Man, such incredible dividend diversification. Certainly something we can all strive for, although I'm not sure how I could wrap my head around so many positions! Only time will tell of course! :)

    1. writing2reality,

      Yeah it takes awhile to type them all out, but knowing you are receiving that income often never gets old. Of course I'd like to have more shares of the bigger safe stocks that pay mostly quarterly, but they are mixed in. In time I guess I will try to find a way to keep adding to the portfolio while looking for other plays that are undervalued.

      Thank you for stopping by and reading.

  2. Thanks for sharing your recent dividend income update. You have a nice total coming in for the month and from a wide variety of sources. Quite a few REITs and MLPs but you are pretty diversified among them all. A little too much exposure for my taste though. Still, a great month. Keep it up and look forward to your next update.

    1. DivHut,

      September is a good month for most of us. I do have quite a bit of exposure to REIT's and BDC's. Your point is well taken and with the market pulling back hopefully I can lessen that exposure, but have been restricted from buying anything now because of lack of capital to put to work. Hope you are having a good October so far.

  3. Yeah that diversification rocks. Do you plan on doing your own taxes (regarding the MLP's?)

    1. DFG,

      I do plan on attempting to file my own taxes. I do not currently own any MLP's that would give me a K-1 that I know of. Linnco is a pass through of LINE Energy. Enerplus is a corporation and the others are closed end funds, BDC's, and REIT's.

      Good question. Thanks for asking!